GRT squeezing on the day. Seems to have found its base and is now in a coil aka pennant pattern. I will look for it to break to the upside if we can get volume. From my algorithms looks to be receiving some attention by buying and selling from institutions on accumulation. Info outside of Technicals
DAPPS are switching away from querying on Ethereum to
GRT due to its efficient indexing protocol. It won't be long before more companies utilize their technology on the backend. In simpler term
GRT is a direct mimick of Google search engine on the blockchain. Important for web 3.0.Last words
Technically it is beaten down but you want to accumulate. No competition in their arena which kinda makes them unique.
My price prediction possible $2 this year.
As always before buying do your research.
On reddit as r/highbetacowboys
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.